GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sensient Technologies Corp (NYSE:SXT) » Definitions » Days Payable

SXT (Sensient Technologies) Days Payable : 39.40 (As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Sensient Technologies Days Payable?

Sensient Technologies's average Accounts Payable for the three months ended in Sep. 2024 was $113 Mil. Sensient Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was $262 Mil. Hence, Sensient Technologies's Days Payable for the three months ended in Sep. 2024 was 39.40.

The historical rank and industry rank for Sensient Technologies's Days Payable or its related term are showing as below:

SXT' s Days Payable Range Over the Past 10 Years
Min: 37.7   Med: 43.57   Max: 51.57
Current: 40.15

During the past 13 years, Sensient Technologies's highest Days Payable was 51.57. The lowest was 37.70. And the median was 43.57.

SXT's Days Payable is ranked worse than
70.94% of 1504 companies
in the Chemicals industry
Industry Median: 60.18 vs SXT: 40.15

Sensient Technologies's Days Payable declined from Sep. 2023 (42.00) to Sep. 2024 (39.40). It may suggest that Sensient Technologies accelerated paying its suppliers.


Sensient Technologies Days Payable Historical Data

The historical data trend for Sensient Technologies's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sensient Technologies Days Payable Chart

Sensient Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.51 40.58 45.91 51.57 50.10

Sensient Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.00 44.27 41.71 35.46 39.40

Competitive Comparison of Sensient Technologies's Days Payable

For the Specialty Chemicals subindustry, Sensient Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sensient Technologies's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sensient Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Sensient Technologies's Days Payable falls into.



Sensient Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sensient Technologies's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (142.365 + 131.114) / 2 ) / 996.153*365
=136.7395 / 996.153*365
=50.10

Sensient Technologies's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (107.218 + 119.238) / 2 ) / 262.209*365 / 4
=113.228 / 262.209*365 / 4
=39.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sensient Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Sensient Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Sensient Technologies Business Description

Traded in Other Exchanges
N/A
Address
777 East Wisconsin Avenue, Milwaukee, WI, USA, 53202-5304
Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceuticals, and personal care industries. The company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors, and others. The company's three reportable segments were the Flavors & Extracts Group, the Color Group, and the Asia Pacific Group.
Executives
Michael C Geraghty officer: President, Color Group 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Gebhardt Deborah Mckeithan director 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Essie Whitelaw director 777 E WISCONSIN AVE, MILWAUKEE WI 53202
E. Craig Mitchell officer: Pres, Flavors & Fragrances Grp 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Investment Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Winder Pte. Ltd. 10 percent owner 6 BATTERY ROAD #19-01A, SINGAPORE U0 049909
Cunha Kathleen Da director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Winder Investment Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Sharad P Jain director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Freemont Capital Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Foundation Haldor 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Elaine R Wedral director C/O BALCHEM CORP, P O BOX 600, NEW HAMPTON NY 10958
Paul Manning officer: President, Color Group 777 E. WISCONSIN AVE., MILWAUKEE WI 53202
Joseph Carleone director 3883 HOWARD HUGHES PKWY, SUITE 700, LAS VEGAS NV 89169

Sensient Technologies Headlines

From GuruFocus

Sensient Declares Dividend

By Business Wire 10-24-2024

Sensient Declares Dividend

By Business Wire 04-25-2024